Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Sees Large Growth in Short Interest

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 7,522 shares, an increase of 105.8% from the May 31st total of 3,655 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 126,396 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Neuberger Berman Core Equity ETF

Several institutional investors have recently modified their holdings of NBCR. NewEdge Advisors LLC acquired a new stake in Neuberger Berman Core Equity ETF in the third quarter valued at $27,000. Bank of America Corp DE grew its position in shares of Neuberger Berman Core Equity ETF by 221.4% in the 1st quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock valued at $243,000 after buying an additional 5,653 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Neuberger Berman Core Equity ETF in the 4th quarter valued at about $361,000. Royal Bank of Canada grew its position in shares of Neuberger Berman Core Equity ETF by 2,067.2% in the 1st quarter. Royal Bank of Canada now owns 19,895 shares of the company’s stock valued at $590,000 after buying an additional 18,977 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Neuberger Berman Core Equity ETF in the fourth quarter valued at about $642,000.

Neuberger Berman Core Equity ETF Price Performance

NBCR opened at $33.54 on Thursday. Neuberger Berman Core Equity ETF has a fifty-two week low of $28.72 and a fifty-two week high of $34.00. The firm has a market capitalization of $836.49 million, a price-to-earnings ratio of 26.34 and a beta of 1.00. The company’s 50 day moving average price is $33.20 and its two-hundred day moving average price is $31.94.

About Neuberger Berman Core Equity ETF

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.